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SEC Suspends Trading in 15 Public Companies for Suspicious Social Media & Trading Activity | Cozen O'Connor - Vimarsana News

SEC Suspends Trading in 15 Public Companies for Suspicious Social Media & Trading Activity | Cozen O'Connor

To embed, copy and paste the code into your website or blog: On February 26, 2021, the Securities and Exchange Commission (SEC) issued an order that suspended the trading of securities in 15 OTC public companies due to questionable trading activity and social media promotions that the SEC suspects to have been part of a coordinated attempt to artificially inflate stock prices.       The 15 companies include: Bebida Beverage Co. (BBDA), Blue Sphere Corporation (BLSP), Ehouse Global Inc. (EHOS), Eventure Interactive Inc. (EVTI), Eyes on the Go Inc. (AXCG), Green Energy Enterprises Inc. (GY...

FEB 2021: SEC Suspends Trading in Multiple Issuers Based on Social Media and Trading Activity - Vimarsana News

FEB 2021: SEC Suspends Trading in Multiple Issuers Based on Social Media and Trading Activity

FEB 2021: SEC Suspends Trading in Multiple Issuers Based on Social Media and Trading Activity Posted on 02/27/2021 The U.S. Securities and Exchange Commission today suspended trading in the securities of 15 companies because of questionable trading and social media activity. The press release states, “Today’s order states that trading is being suspended because of questions about recent increased activity and volatility in the trading of these issuers, as well as the influence of certain social media accounts on that trading activity. The order also states that none of the issuers has fil...

SEC.gov | SEC Suspends Trading in Multiple Issuers Based on Social Media and Trading Activity - Vimarsana News

SEC.gov | SEC Suspends Trading in Multiple Issuers Based on Social Media and Trading Activity

FOR IMMEDIATE RELEASE Washington D.C., Feb. 26, 2021 — As part of its continuing effort to respond to potential attempts to exploit investors during the recent market volatility, the Securities and Exchange Commission today suspended trading in the securities of 15 companies because of questionable trading and social media activity. Today's action follows the recent suspensions of the securities of numerous other issuers, many of which may also have been targets of apparent social media attempts to artificially inflate their stock price. The SEC continues to review marke...

Source: sec.gov
SEC Suspends Trading In 15 Companies Due To "Questionable Trading And Social Media Activity" - Vimarsana News

SEC Suspends Trading In 15 Companies Due To "Questionable Trading And Social Media Activity"

by Tyler Durden Friday, Feb 26, 2021 - 03:26 PM Two weeks ago we said that the regulatory crackdown against WallStreetBets had begun when the SEC suspended trading in pennystock Spectra Science (SCIE). Well, today we got the clearest confirmation yet that the SEC will do everything in its power to make sure that are no more Melvin Capitals and will seek to put a resolute end to the reddit bull raids when it announced that it "suspended trading in the securities of 15 companies because of questionable trading and social media activity." Today's order states that trading is being suspended beca...